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Economic Studies, Productivity & Performance Article, chile offshoring
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Article at a glance:

How Chile can win from offshoring

  • Chile has attracted considerable attention as an offshoring location, given its first-rate regulatory and living environment, attractive risk profile, low infrastructure costs, and its openness to trade.
  • But Chile’s limited potential as a domestic market and its small base of IT vendors lessen the country’s appeal among multinational companies.
  • Chile should increase the level of collaboration between government, companies, and universities to ensure that students gain the skills that companies require.

Note: This article includes translations in Portuguese and Spanish.

This article contains the following exhibit:
  • Exhibit: Chile has a good risk profile, scoring especially well on regulatory risk.
 

This article is part of a McKinsey Quarterly special report on offshoring in Latin America. To read the other articles, please select from the following choices:

Assessing Brazil's offshoring prospects
The country has several key advantages, but shortfalls in its regulatory environment and market potential are holding it back.

Developing Mexico's offshoring opportunity
To take advantage of the growing global offshoring market for offshored services offshoring, Mexico must do more to improve the suitability of its workforce.

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